Heike Tamm

Iridium Partner SKYTRAC Satcom chosen for Joint Light Helicopter French Armed Forces programme

Iridium Communications has announced that Airbus Helicopters is providing the Joint Light Helicopter (Hélicoptère Interarmées Léger – HIL) French Armed Forces Programme with H160Ms that will be factory-equipped with Iridium partner SKYTRAC’s Iridium Certus Connected® SDL-700. A multifunctional system, the SDL-700 is a satellite communication terminal, data acquisition, and onboard server system that utilizes Iridium […]

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Bombardier reports strong second-quarter 2022 results

Bombardier has reported strong financial results for the second quarter of 2022, marked by continued steady demand for new aircraft, strong aftermarket performance, robust free cash flow generation and high backlogs. Bombardier raised its full-year guidance on free cash flow, now expected to be better than the previously communicated target and reaffirmed guidance on aircraft deliveries,

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Agility completes £763 million acquisition of Menzies Aviation

Agility, a supply chain services, infrastructure and innovation company, has finalised its acquisition of UK-based John Menzies PLC and will combine the business with its National Aviation Services (NAS) business to create a world leader in aviation services in 58 countries. Once integrated, the combined company will operate as Menzies Aviation and will be the

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TrueNoord leases second Embraer E190 to Cobham Regional Services

Specialist regional aircraft lessor TrueNoord has completed the transition of a second Embraer E190 (MSN 1900099) to Cobham Regional Services on a six-year operating lease. The aircraft was integrated into Cobham’s fleet in May and is already operating charter flights from its base in Perth. The smooth transition of this E190 from TrueNoord’s previous lessee,

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Aergo Capital remarkets two B787-9 aircraft to go on lease to Air Premia

Aergo Capital (Aergo) has remarketed two B787-9 aircraft, bearing manufacturer serial numbers 63314 and 63315, to be delivered on operating lease to Air Premia. The transaction is being executed on behalf of UKEF, with the lease agreement signed on August 4, in Singapore. Aergo Capital has acted as the asset manager and remarketing agent with

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Lufthansa is warning of extensive flight disruptions on Wednesday, February 7, as the Ver.di union calls for a one-day strike © Lufthansa

Lufthansa Group posts operating profit of €393 million and adjusted free cash flow of €2.1 billion in second-quarter 2022

The Lufthansa Group generated an operating profit of €393 million in the second quarter of 2022. In the prior-year period, adjusted EBIT was still clearly negative at €-827 million. Adjusted EBIT margin rose accordingly to 4.6% (prior year: -25.8%). Net income increased significantly to €259 million (prior year: €-756 million). The Group turned over €8.5

Lufthansa Group posts operating profit of €393 million and adjusted free cash flow of €2.1 billion in second-quarter 2022 Read More »